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Predictors of Sales and the Covid-19 Disruption: Evidence from an Online Marketplace

Research output: Chapter in Book/Conference proceedingConference contributionpeer-review

Abstract

E-commerce platforms have heavily relied on predictive machine learning models to leverage the massive data generated in daily operations. However, by altering online customer purchasing behavior, Covid-19 has distorted sales prediction models used by sellers and e-commerce platforms, which may lead them to inaccurate strategic decisions. Using a dataset comprised of electronics products from Amazon, the preliminary results shows that the importance of several predictors of online sales has changed after the beginning of the pandemic. In particular, the importance of negative related factors was found to have significantly increased after the start of Covid-19. Furthermore, adding aspect-based sentiments was found to significantly improve sales forecasting especially during the period after the beginning of Covid19. The study contributes to the literature evaluating the effects of Covid-19 on e-commerce by providing an in-depth understanding of these effects from an unexplored perspective of prediction models.

Original languageEnglish
Title of host publicationPacific Asia Conference on Information Systems, PACIS 2022
PublisherAssociation for Information Systems
ISBN (Print)9781958200018
Publication statusPublished - 2022
Event26th Pacific Asia Conference on Information Systems, PACIS 2022 - Virtual, Online
Duration: 5 Jul 20229 Jul 2022

Publication series

NamePacific Asia Conference on Information Systems
ISSN (Electronic)2689-6354

Conference

Conference26th Pacific Asia Conference on Information Systems, PACIS 2022
CityVirtual, Online
Period5/07/229/07/22

Free Keywords

  • aspect-based sentiments
  • Covid-19
  • sales forecasting
  • sentiment analysis

ASJC Scopus subject areas

  • Management Information Systems
  • Management of Technology and Innovation
  • Library and Information Sciences

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